Speaker Profile
NICK PREUSCH
Nick Preusch CPA, JD, LLM, is a tax manager with PBMares, LLP. Nick has participated in helping high wealth individual and large business entities with complex tax compliance, along with specializing in international, non-for-profit tax issues, and tax ethics issues. Nick has also worked with the Internal Revenue Service as a Revenue Agent and an Attorney with the IRS Office of Professional Responsibility. Nick is a graduate of Carthage College with a BS in Accounting and Business, the University of Connecticut with an MA in Accounting, Case Western Reserve University with a JD, and Georgetown University with an LLM in taxation. Nick has also authored publications for the AICPA’s Journal of Accountancy, AICPA’s Tax Advisor, NATP’s Tax Pro Journal, and CCH’s Journal of Tax Practice and Procedure. He also co-authored a textbook, Tax Preparer Penalties, and Circular 230 Enforcement, published by Thomson Reuters. He has lectured nationally on topics such as ethics, complex tax transactions, and IRS practice and procedure. Currently, Nick is an adjunct professor at the University of Mary Washington. Nick has been recognized as the Top 5 Under 35 CPAs in Virginia by the VSCPA in 2017, CPA Practice Advisor’s Top 40 Under 40 in 2018, and is a member of the VSCPA’s Tax Advisory Committee, and the AICPA’s Tax Practice and Responsibilities Committee.
State and Local Income Tax Issues
In this practical webinar, you will learn with the expansion of the Internet, more and more companies are performing work out of their home state. It’s important to get a basic understanding of state and local tax issues in order to help guide clients in these other states as well as their home states.Upon course completion, you will be able to:Determine where nexus is and if it existsFigure out sales and u..
Tax Ethics and Circular 230
Congress is currently considering legislation that would require all tax preparers to follow the ethical guidelines and rules under Circular 230.Currently, the IRS only requires practitioners who represent taxpayers before the IRS to follow Circular 230 due to the Loving case. Even though tax representation creates a jurisdiction hook, tax representatives can still run afoul for tax preparation issues under..
Unrelated Business Income Tax – Updates under TCJA
This topic will start off with a general understanding of what is unrelated business income. It will look deeply into how to tell if income streams are related or unrelated to the non-for-profits mission along with the other rules that could exempt the income from this category.We will also look at how to calculate the unrelated business income tax under the Tax Cuts and Jobs Act. The TCJA made it so non-fo..